Over the course of a few weeks, TRX has produced a clear pennant pattern. This signal is based on the premise that TRX will follow this pattern in the near future.
As seen on the chart, TRX is currently seeing a period of consolidation within the yellow rectangle. In case of a bullish break of said rectangle, I'm expecting the price to move towards the top of the pennant.
Always keep an eye on BTC when trading alts.
Happy trading!
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